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Western Union Crosses Above its 10-day MA (WU)

By Amy Schwartz

Western Union (NYSE:WU) crossed over its 10-day moving average of $20.18 on a volume of 3.1 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Western Union have traded between a low of $16.02 and a high of $22.84 and are now at $20.82, which is 30% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.

SmarTrend is tracking the current trend status for Western Union and will alert subscribers who have WU in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Western Union

Ticker(s): WU